Over 20 percent return for many VISSF pension members
VISSF’s pension investments delivered crediting rates of 25.6% for All Growth and 20.2% for the Balanced option for the year ended 30 June 2013.
Pension returns are calculated by financial year, not the 31 January school year used for updating superannuation accounts.
VISSF pension balances in the Conservative option received an 11.5% return, while Cash delivered 2.9%.
The 3 year compound average returns to June 30 are 10.4% for All Growth, 10% for Balanced, 8.6% for Conservative and 4.0% for Cash.
A VISSF account based pension offers members potential for a regular, flexible retirement income, with tax benefits.